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Busn 100 Discussion
Each answer must be at least 300 words with separate references
After watching the Wall St. Journal video with the Colonial Pipeline CEO, and reading the Law360 Expert Analysis article on how to manage cyber risk, do the following:
- Conduct Internet research and identify a company that was recently held for Cyber-ransom, of any kind.
- Identify the company, why it was held ransom & what could/should have prevented it?
- Did the company pay a ransom?
- Who was responsible for the decision to pay/not pay?
- Was the decision to pay ethical? (To pay or not to pay)
Cash flow is what keeps the company alive in an era of cashless transactions. Do a little research and identify a company from Materials (raw) that experienced cash flow problems, how did they address the issue?